Steel Partners Total Risk Alpha vs. Kurtosis
| SPLPDelisted Stock | | | USD 50.00 -0.10 -0.20% |
The this indicator indicator for Steel Partners Holdings is derived from observed market data. Some instruments may report limited inputs depending on trading history. Steel Partners has a market cap of 679.85 M, operating margin of 13.41%, ROE of 24.9%. Review
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signals in board of governors.
Steel Partners Holdings has current Total Risk Alpha of 0.7945. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.7945 | |
| ER[a] | = | Expected return on investing in Steel Partners |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Steel Partners |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Steel Partners Holdings is ranked
third for total risk alpha against industry peers. It is currently under evaluation for kurtosis against industry peers with Kurtosis measuring nearly
7.53 against Total Risk Alpha. Kurtosis runs about
7.53 times Total Risk Alpha for Steel Partners Holdings
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Other Technical Indicators